Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Time to go shopping and back to work

[flamingogold]

CDC says fully vaccinated people don’t need to wear face masks indoors or outdoors in most settings

“If you are fully vaccinated, you can start doing the things that you had stopped doing because of the pandemic. We have all longed for this moment, when we can get back to some sense of normalcy.”

https://www.cnbc.com/2021/05/13/cdc-says-fully-vaccinated-people-dont-need-to-wear-face-masks-indoors-or-outdoors-in-most-settings.html

[ariesleaf]

This in Canada should start September 07/21 after Labour day.

[flamingogold]

Election is looming, Trudeau will want to get the economy fully opened for good before he announces one. Not just from a safety point of view but he stands to win a majority with an economy re-opened, covid in decline, mask freedom = happy voters. I am thinking October election so thereabouts.

[slst]

Major Reits have already made the bulk of their recovery move.  Got out too soon on those. Not nice to say, but this one is like bottom fishing.  Smaller Reit, sitting at deep value discount to NAV.  They have a stong parent company and that gives us safety. Am expecting more than a 100% upside on MRT.UN. simply because thats where it was a little over a year ago.  Do your

[flamingogold]

Just a hunch, the slow recovery could be that the smaller "fish" in all sectors have been more at risk during covid of going under and so are the last to come back. We will run once this cracks $6.50 as malls reopen and calls back to work resume later this Fall. Patience rewards here.